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Nov 21, 2013

U.S. factories rebound, but Europe, China falter

LONDON/NEW YORK (Reuters) – U.S. factory output rebounded this month but hiring remained sluggish, while business activity across the euro zone and at China’s manufacturers slowed, surveys showed on Thursday.

The data underscored the fragile nature of the global recovery and the difficulties still facing the world’s biggest economies.

Nov 19, 2013

As market bubbles form, investors may take cover

NEW YORK (Reuters) – Five years of rapid-fire money printing at the U.S. Federal Reserve and easy money policies at other central banks have left trillions of dollars sloshing around the world financial system, and some of it is ending up in some rather odd places.

The froth can be seen in everything from Pakistan’s stock market to thoroughbred racehorses, rare paintings and gemstones, taxi licenses and the digital currency Bitcoin.

Nov 18, 2013

Analysis: As market bubbles form, investors may want to take cover

NEW YORK (Reuters) – Five years of rapid-fire money printing at the U.S. Federal Reserve and easy money policies at other central banks have left trillions of dollars sloshing around the world financial system, and some of it is ending up in some rather odd places.

The froth can be seen in everything from Pakistan’s stock market to thoroughbred racehorses, rare paintings and gemstones, taxi licenses and the digital currency Bitcoin.

Nov 18, 2013

As market bubbles form, investors may want to take cover

NEW YORK, Nov 18 (Reuters) – Five years of rapid-fire money
printing at the U.S. Federal Reserve and easy money policies at
other central banks have left trillions of dollars sloshing
around the world financial system, and some of it is ending up
in some rather odd places.

The froth can be seen in everything from Pakistan’s stock
market to thoroughbred racehorses, rare paintings and gemstones,
taxi licenses and the digital currency Bitcoin.

Nov 18, 2013

Foreigners avoid short US assets in Sept, buy longer ones-Treasury

NEW YORK, Nov 18 (Reuters) – Foreigners fled from short-term
U.S. assets in September as a budget battle in Washington raised
fears the government could default on some obligations, though
demand for longer-term securities rose, U.S. Treasury data
showed on Monday.

The budget standoff that was building in September forced a
partial government shutdown that lasted for the first 16 days of
October. That dented the safe-haven status of U.S. Treasury
bills and pushed yields up sharply on bills maturing toward the
end of that month.

Nov 6, 2013

German prosecutors widen inquiry into Deutsche Bank

MUNICH (Reuters) – German prosecutors have widened an investigation of Deutsche Bank’s co-chief executive Juergen Fitschen to include the bank itself, deepening legal problems as it tries to transform its culture after the financial crisis.

The Munich public prosecutor named Fitschen earlier this week as a suspect in an investigation into whether he offered misleading evidence about a decade-old dispute over the collapse of the Kirch media empire.

Nov 4, 2013

Stocks edge up; key central banks on investors’ minds

NEW YORK, Nov 4 (Reuters) – Major world stock indexes rose
on Monday, with the S&P 500 extending a four-week winning
streak, while European manufacturing data helped the euro
recover from a six-week low.

At the same time, a report showing a drop in U.S. business
investment in September clouded views on when the Federal
Reserve will start withdrawing its stimulus spending.

Nov 4, 2013

World stocks edge up, central banks on market’s mind

NEW YORK, Nov 4 (Reuters) – Major world stock indexes mostly
rose on Monday, with the S&P 500 poised to extend a four-week
winning streak, while European manufacturing data helped the
euro recover from a six-week low.

At the same time, a report showing a drop in U.S. business
investment in September clouded views on when the Federal
Reserve will start withdrawing its stimulus spending.

Nov 4, 2013

Euro recovers on factory data but ECB move key

NEW YORK (Reuters) – World stock markets rose on Monday, with the S&P 500 poised to extend a four-week winning streak, while robust European manufacturing data helped the euro recover from a six-week low.

At the same time, a report showing a drop in U.S. business investment in September clouded views on when the Federal Reserve will start withdrawing its stimulus spending.

Oct 24, 2013

U.S. factories hit by shutdown, China production rises

NEW YORK/LONDON, Oct 24 (Reuters) – Factories in China
boosted production this month, but U.S. manufacturing output
fell for the first time in four years while the euro zone
economy lost momentum, surveys on Thursday showed.

The data suggested the world economy is still facing speed
bumps as China tries to rebound from a slowdown and as growth in
advanced economies remains fragile.